GMX DAO repurchases 12,380 GMX tokens for $85,000 as buyback program surpasses $2.4 million

What happened

The decentralized perpetuals protocol keeps scooping up its own token with protocol revenue, redirecting fees that used to go to stakers into open-market purchases. GMX DAO continues its systematic token buyback campaign, having now repurchased over 384,000 GMX tokens for.